Bookstore

The bookstore contains some NEP featured books along with links to make ordering easy.

	Theories of Money and Banking, Volume I By L. Randall Wray Purchase at Amazon.com This authoritative two-volume collection brings together the most important contributions to theories of money and banking written over the past century. Professor Wray covers a number of key topics including the historical debates about the nature of money, the role money and financial institutions play in the economy and monetary policy formation. A wide variety of approaches to money and banking are featured, among which are Monetarist, Keynesian, Marxian, Post-Keynesian and Institutionalist, and the New Monetary Consensus.
	Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems By L. Randall Wray Purchase at Amazon.com In a challenge to conventional views on modern monetary and fiscal policy, this book presents a coherent analysis of how money is created, how it functions in global exchange rate regimes, and how the mystification of the nature of money has constrained governments, and prevented states from acting in the public interest.
	The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry By William K. Black Purchase at Amazon In this expert insider’s account of the savings and loan debacle of the 1980s, William Black lays bare the strategies that corrupt CEOs and CFOs–in collusion with those who have regulatory oversight of their industries–use to defraud companies for their personal gain.
	The 7 Deadly Innocent Frauds of Economic Policy By Warren Mosler Purchase direct from Warren (pdf format available as well) Purchase at Amazon There is now an Italian version available: Le sette innocenti frodi capitali della politica economica This version is available in the European Union from Amazon’s site in Italy. Purchase Italian version at Amazon.it
	Understanding Modern Money:The Key to Full Employment and Price Stability By L. Randall Wray Purchase at Amazon In this innovative and very practical book, Randall Wray argues that full employment and price stability are not the incompatible goals that current economic theory and policy assume. Indeed, he advances a policy that would generate true, full employment while simultaneously ensuring an even greater degree of price stability than has been achieved in the 1990s.
	The Rise and Fall of Money Manager Capitalism: Minsky’s Half Century from WWII to the Great Recession By Eric Tymoigne and L. Randall Wray Purchase at Amazon The book studies the trends that led to the worst financial crisis since the Great Depression, as well as the unfolding of the crisis, in order to provide policy recommendations to improve financial stability. The book starts with changes in monetary policy and income distribution from the 1970s. These changes profoundly modified the foundations of economic growth in the US by destroying the commitment banking model and by decreasing the earning power of households whose consumption has been at the core of the growth process.
	The Job Guarantee: Toward True Full Employment Edited By Michael J. Murray and Mathew Forstater Purchase at Amazon This timely collection tackles the issue of the government job guarantee (JG) approach to full employment, taking previous research one step further by providing an in-depth look at practical application for both developed and developing economies. While the ‘first generation’ of literature on the JG focuses on theory and methodology, this book aims to formalize job guarantee proposals and focus on the practical application of such proposals. Questions raised include: Can the effectiveness of the job guarantee approach be measured, if so how, and what are the conclusions? How do these conclusions reinforce the theory? What are the practical applications? What is the empirical evidence to reinforce the theoretical application?
	Employment Guarantee Schemes: Job Creation and Policy in Developing Countries and Emerging Markets Edited By Michael J. Murray and Mathew Forstater Purchase at Amazon Most of the scholarship on the Job Guarantee up to now has been in the context of industrialized nations such as the United States and Australia. Employment Guarantee Schemes directs attention to challenges and opportunities of enacting direct job creation policies in developing countries and BRICS, including China, Ghana, Argentina, and India. This book also investigates how the Job Guarantee might interface with other policy goals, such as environmental sustainability. Eschewing narrow individualistic and economistic approaches, these interdisciplinary, historical, and comparative studies delve deeper into how both unemployment and true full employment can affect community.
	DIAGRAMS & DOLLARS: Modern Money Illustrated [Kindle Edition] By J.D. Alt Purchase at Amazon This short, easy to follow book explains the basic concepts underlying the debate about the possibilities and implications of Modern Money Theory. The explanations are illustrated with simple diagrams, making the concepts easy to “see”. The explanations are targeted to the “non-economist” with a serious interest in the current debate about fiscal policies and National Budgets.